Delaying CPP vs. OAS

Besides delaying CPP, which my spouse and I intend to do, what about delaying OAS as well? It It's one of those things where a lot of retirees, when they hit a certain age, 65, in their mind, it is just built in to start some type of government benefit. We find as planners, it's actually easier to start one at 65 and defer one till 70, or defer one till the best, the optimal time. Uh and for that reason, we often suggest, you know, let's start OAS at 65. So, when you break down the numbers, delaying CPP, you get a 0. 7% increase to CPP for every month delayed. So, that results in a 42% increase by the time you turn 70, which is quite substantial. On OAS, it's only 0. 6%. So, it's a 0. 1% difference, which isn't drastic, but when you're looking at it, you know, it's a 36% versus a 42% delaying till 70. This is where psychology comes into retirement. Right, if we tell a 60-year-old client, financially makes the most sense to delay CPP and Old Age Security, and here's how you draw everything down, 5 years into retirement, they get that I want my, {quote} {unquote}, free government money. So, we usually do start Old Age Security for our clients at 65 or recommend it, unless there's clawback.